Erie Non Currrent Assets Other from 2010 to 2024
| ERIE Stock | USD 353.37 0.41 0.12% |
Non Currrent Assets Other | First Reported 1993-12-31 | Previous Quarter -1.4 B | Current Value 184.2 M | Quarterly Volatility 5.1 B |
Check Erie Indemnity financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Erie Indemnity's main balance sheet or income statement drivers, such as Depreciation And Amortization of 56.3 M, Interest Expense of 0.0 or Total Revenue of 2.2 B, as well as many indicators such as Price To Sales Ratio of 3.28, Dividend Yield of 0.017 or PTB Ratio of 9.85. Erie financial statements analysis is a perfect complement when working with Erie Indemnity Valuation or Volatility modules.
Erie | Non Currrent Assets Other |
Latest Erie Indemnity's Non Currrent Assets Other Growth Pattern
Below is the plot of the Non Currrent Assets Other of Erie Indemnity over the last few years. It is assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents. Erie Indemnity's Non Currrent Assets Other historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Erie Indemnity's overall financial position and show how it may be relating to other accounts over time.
| Non Currrent Assets Other | 10 Years Trend |
|
Non Currrent Assets Other |
| Timeline |
Erie Non Currrent Assets Other Regression Statistics
| Arithmetic Mean | (3,823,925,150) | |
| Geometric Mean | 581,499,585 | |
| Coefficient Of Variation | (156.92) | |
| Mean Deviation | 5,083,639,920 | |
| Median | (926,029,000) | |
| Standard Deviation | 6,000,472,599 | |
| Sample Variance | 36005671.4T | |
| Range | 15.3B | |
| R-Value | 0.60 | |
| Mean Square Error | 24949743.2T | |
| R-Squared | 0.36 | |
| Significance | 0.02 | |
| Slope | 801,188,265 | |
| Total Sum of Squares | 504079399.8T |
Erie Non Currrent Assets Other History
About Erie Indemnity Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Erie Indemnity income statement, its balance sheet, and the statement of cash flows. Erie Indemnity investors use historical funamental indicators, such as Erie Indemnity's Non Currrent Assets Other, to determine how well the company is positioned to perform in the future. Although Erie Indemnity investors may use each financial statement separately, they are all related. The changes in Erie Indemnity's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Erie Indemnity's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Erie Indemnity Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Erie Indemnity. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Non Currrent Assets Other | 146.6 M | 153.9 M |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Information and Resources on Investing in Erie Stock
When determining whether Erie Indemnity is a strong investment it is important to analyze Erie Indemnity's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Erie Indemnity's future performance. For an informed investment choice regarding Erie Stock, refer to the following important reports:Check out the analysis of Erie Indemnity Correlation against competitors. For information on how to trade Erie Stock refer to our How to Trade Erie Stock guide.You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Is Property & Casualty Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Erie Indemnity. If investors know Erie will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Erie Indemnity listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.443 | Dividend Share 4.93 | Earnings Share 9.25 | Revenue Per Share 73.549 | Quarterly Revenue Growth 0.17 |
The market value of Erie Indemnity is measured differently than its book value, which is the value of Erie that is recorded on the company's balance sheet. Investors also form their own opinion of Erie Indemnity's value that differs from its market value or its book value, called intrinsic value, which is Erie Indemnity's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Erie Indemnity's market value can be influenced by many factors that don't directly affect Erie Indemnity's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Erie Indemnity's value and its price as these two are different measures arrived at by different means. Investors typically determine if Erie Indemnity is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Erie Indemnity's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.